The global cooking robots market is estimated to witness a robust growth rate of over 15% over the period of 2019–2028. Pivotal growth factors such as rising demand for professional robots and cobots in the HoReCa segment coupled with the growing innovations and initiatives are expected to propel the market growth of the global cooking robots. Moreover, convenience is also driving the selling point of cooking robots. In recent years, there has been an increasing demand for professional service robots across the food service industry on account of the benefits provided by them, such as sizeable continuous uptime of over 100,000 hours, cloud connectivity, and others. Robots are anticipated to become a crucial part of the cooking process based on their innovative features, including visual recognition, and failure prediction, among others. Technological advancements and developments in the food industry are backing a substantial increase in robot installations over the previous years. Robots’ potential to aid the cooking process across kitchens in the food & beverage industry is supplementing the robotics market potential. Additionally, increasing food safety regulations across the industry is anticipated to drive the global cooking robot market over the coming years.
The commercial end-user segment is leading the global cooking robot market
Based on end-user, the global cooking robot market is segmented into commercial and residential. The commercial end-user segment is dominating the global market in 2022 and is further estimated to continue its dominating trend over the forecast period. In the modern competitive and highly advanced business environment, the emergence of robots in the market is becoming significant for various commercial end-user applications. The major factors related to the emergence of robots for commercial use include reduced human interference, increased work efficiency, automatic controls over the cooking parameters, customizations according to the customer requirement, consistency, and others. The rising concerns in the commercial end-user applications for manpower & chef availability, increasing wastage of food, rising CO2 emission, and other factors have created opportunities for the global cooking robot market to develop over the forecast period. The growing requirement for robots in the food industries globally due to increasing fast food centers, multi-cuisine restaurants, and cooking institutions in the commercial sector has significantly boosted the market. Further, the development of technologies for the food industries, including artificial intelligence (AI), robotics, and the Internet of Things (IoT), has influenced market development.
Robotics-as-a-Service is gaining traction globally
The growing demand for Robotics-as-a-Service on the back across several industries is anticipated to provide substantial growth opportunities to the cooking robot market across the globe. This ever-increasing demand can be attributed to the benefit provided by RaaS, that institutions can use the service through a cloud-based subscription. Consequently, this enables the organizations to shift their CAPEX to an OPEX, allowing them to deploy innovative solutions without any capital investment. For instance, Picnic, a company based in Seattle, provides automated food solutions without any up-front costs. Additionally, the company covers installation, delivery, and maintenance on a subscription basis. Furthermore, the company further offers continuous free hardware and software for its services.
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North America is the leading region in the global cooking robot market
North America, comprising the US and Canada, is dominating the global cooking robot market in 2022 and is further estimated to maintain its dominant position over the forecast period. The increasing development in the technologies across the US has surged the demand for AI-driven robots for the commercial kitchen to provide kitchen assistance in restaurants and food & beverage industries. The US has several major market players developing their products to introduce in the market, and some have already launched their products. The emerging necessity for advanced technology for the kitchen setup has created opportunities for robots that cook to support the commercial sectors’ busy kitchens. Austin-based Briggo, Inc. is one of the leaders in Connected Coffee, empowering people to be their baristas and creating perfectly personalized, gourmet coffee and tea on demand. Briggo’s coffee machine is a robotic, fully automated barista that serves around 8.5 million drink combinations of Briggo and Allegro beans, fresh milk, and gourmet syrups, with a capacity of 100 cups per hour. The machine can be easily installed in public places such as hospitals and airports.
Market Structure and Competition Landscape
The global cooking robots market consists of various players operating in the market. Some of the prominent players that contribute significantly to the market growth include Miso Robotics, Inc., Mechanical Chef, Moley Services UK Ltd., Picnic Works, Inc., Café X Technologies Limited, Wilkinson Baking Company, Chowbotics Inc., Karakuri Ltd., Creator, Nymble Labs Private Ltd., Vesta Cooking Robot Co., Limited, Euphotic Labs (Let’s Nosh), Tahi Technologies Inc. (Else Labs), Kingclean Electric Co., Ltd., and Briggo Inc., among others. These players adopt various strategies in order to reinforce their market share and gain a competitive edge over other competitors in the market. Mergers & acquisitions, partnerships and collaborations, and product launches are some of the strategies followed by industry players. Some of the key developments in the global cooking robots market include,
- In January 2021, a robotic restaurant, named Spyce, created by MIT graduates opened its second location in Harvard Square, United States.
- In May 2020, Miso Robotics announced its partnership with Pathspot. This was aimed to advance healthier commercial cooking environments, improving safety standards in kitchens to address the needs of the restaurant industry. The partnership allowed Miso Robotics to offer PathSpot’s hand scanning device for optional integration into the design of Flippy, Miso Robotics’ autonomous kitchen assistant.
Key Market Segmentation
RationalStat has segmented the global cooking robots market on the basis of robot type, application, end-user, and region.
- By Robot Type
- Others (Delta)
- By Application
- Burgers & Sandwich
- Coffee & Cocktails
- Others (Bowl, Pasta)
- By End-User
- Quick Service Restaurants (QSR)
- Fine Dining Restaurants
- Others (Ghost Kitchens)
- By Region
- North America
- Latin America
- Rest of Latin America
- Western Europe
- Rest of Western Europe
- Eastern Europe
- Rest of Eastern Europe
- Asia Pacific
- South Korea
- ASEAN (Indonesia, Vietnam, Malaysia, etc.)
- Rest of Asia Pacific
- Middle East & Africa
- South Africa
- Rest of the Middle East & Africa
- North America
RationalStat has developed a state-of-the-art research methodology to crunch numbers and provide the best possible real-time insights to clients. We combine a varied range of industry experience, data analytics, and experts’ viewpoint to create a research methodology for market sizing and forecasting.
RationalStat combines a mix of secondary sources as well as primary research to assess the market size and develop a forecast. Key steps involved in accurately deriving the market numbers are:
- Defining the problem by understanding the type of market and data required by the client.
- Data gathering and collection through relevant paid databases, publicly available sources, company reports, annual reports, surveys, and interviews.
- Formulating a hypothesis to create market numbers, forecast, influencing factors, and their relevance.
- Evaluating and analyzing the data by referring to data sources utilized and leveraged.
- Validating, interpreting, and finalizing the data by combining the details gathered from primary and secondary sources with the help of experienced analysts.
- Annual reports, company filings, investor presentations, product catalogs, Robotic Industries Association, International Federation of Robotics, and company documents
- Industry and market-related documents available in the public domain
- Paid database including Bloomberg, Factiva, S&P Capital IQ, FactSet, Refinitiv Eikon, ICIS, EUWID, Thomson Reuters, among others
- Whitepapers, research papers, and industry blogs.
Why Buy this Report?
The report is intended for cooking robots manufacturers, HoReCa players, Robotics-as-a-Service providers, investment firms, government organizations, educational organizations, regulatory agencies, research organizations, and market research firms, among others. The report provides an in-depth analysis of market size, consumption pattern, ongoing market trends and challenges, and future market opportunities. The report will serve as a source for a 360-degree analysis of the market thoroughly delivering insights to clients to find the right answers to their business questions.